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Jan 26, 2013
01/13
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governments are in these money market funds. it matters very much what happens to them. >> you're absolutely right, gerri. i explained this to someone the other day, and he said the cure is worse than the disease. that sums it up. the money funds are safe, okay? they are not guaranteed, but they are very safe breaking the buck with the frequency of haley 's comet. this causes institutions to put money elsewhere has a detrimental effect because companies rely on being able to issue short term debt in the money market so that they can buy inventory, meet payroll, and that's why they stabilized the money funds back in 2008 to begin with which, by the way, didn't cost taxpayers a dime. gerri: bringing you to the topic now, which is, you know, okay -- other people, you know, people who support this would say at the end of the day the government doesn't have to stand behind the funds. taxpayer dollars at risk. who is right? >> well, when all is said and down, money flows where it's treated best, and when you start puts fees and regula
governments are in these money market funds. it matters very much what happens to them. >> you're absolutely right, gerri. i explained this to someone the other day, and he said the cure is worse than the disease. that sums it up. the money funds are safe, okay? they are not guaranteed, but they are very safe breaking the buck with the frequency of haley 's comet. this causes institutions to put money elsewhere has a detrimental effect because companies rely on being able to issue short...
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Jan 26, 2013
01/13
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FBC
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if the government couldn't hammer you with more taxes, think again. states across the country look to hike the gas tax. brace for impacts there. what do you get when you combine 100 private jets at least, thousands of bottles of wine, and derek jeter? it's not world peace, but the davos world economic forum. the conference tries to change the world, but is everyone there just to have a good time? i don't know. we'll explain. more "money" straight ahead. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ melissa: according to mastercard, we're pumping less gas than years. could be good news for e
if the government couldn't hammer you with more taxes, think again. states across the country look to hike the gas tax. brace for impacts there. what do you get when you combine 100 private jets at least, thousands of bottles of wine, and derek jeter? it's not world peace, but the davos world economic forum. the conference tries to change the world, but is everyone there just to have a good time? i don't know. we'll explain. more "money" straight ahead. ♪ [ male announcer ] how...
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Jan 26, 2013
01/13
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CNN
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the government is going to step up and say here's a pathway. you've got to find it yourself. >> we've seen apple and starbucks make a turn in the water. >> you talked about that the last time i was on. >> apple has since then done so. it was a start. but it's about the principle, really, of great american companies in the tech world. they lead the world. but a lot of the stuff's outsourced outside of america. that doesn't really help the american jobs market, even though by being successful companies they do in that way. >> yes. i think you've got to look at it in the context, talking about looking back through history. if you and i were having this discussion 100 years ago, 40% of americans were farmers. now it's just 2%. we don't just feed america, we feed the world. it's a chance for us to take those resources and redeploy them. what's missing is the leadership saying here's where you've got to go. i donated 1 million meals last year. my foundation, 4 million meals. if you take people for two years and take care of them and don't give them n
the government is going to step up and say here's a pathway. you've got to find it yourself. >> we've seen apple and starbucks make a turn in the water. >> you talked about that the last time i was on. >> apple has since then done so. it was a start. but it's about the principle, really, of great american companies in the tech world. they lead the world. but a lot of the stuff's outsourced outside of america. that doesn't really help the american jobs market, even though by...
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Jan 26, 2013
01/13
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this doesn't belong in the hands of the federal government. when we talk about infrastructure bank and buildup, be clear, you have interest rates at 1.8% or something for a ten-year bond. this is the time. the markets are telling us there's never been a better time to invest in infrastructure, to borrow money to informsst in infrastructure. you use the private sector do that with some guidance from the government and it could be a great idea. but you got that resistance without the federal government being involved. >> that's why that answer swouz classic and frustrating. those are weasel words. when you say you support an infrastructure bank, if legending private capital, that's what a public/private infrastructure bank does. this used to be a bipartisan idea. >> actually it used to be a republican idea. if you look at how the hoover dam was financed, it was financed by public/private infrastructure led by a republican secretary of congress who then went an to be president, named after the dam and seven states collaborated, private sector, al
this doesn't belong in the hands of the federal government. when we talk about infrastructure bank and buildup, be clear, you have interest rates at 1.8% or something for a ten-year bond. this is the time. the markets are telling us there's never been a better time to invest in infrastructure, to borrow money to informsst in infrastructure. you use the private sector do that with some guidance from the government and it could be a great idea. but you got that resistance without the federal...
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Jan 26, 2013
01/13
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more infrastructure in this country and here we've got an infrastructure project, it doesn't cost the government virtually a dime, it's private sector money and yet, they're upholding it and it doesn't make sense. >> paul: still ahead, pro golfer phil mickelson under fire after suggesting he may leave california for a more tax friendly local. some states he might want to consider when we come back. e.. little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serus allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be li
more infrastructure in this country and here we've got an infrastructure project, it doesn't cost the government virtually a dime, it's private sector money and yet, they're upholding it and it doesn't make sense. >> paul: still ahead, pro golfer phil mickelson under fire after suggesting he may leave california for a more tax friendly local. some states he might want to consider when we come back. e.. little did i know that one week later i wasn't smoking. [ male announcer ] along with...
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Jan 26, 2013
01/13
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government after hacking the federal sentencing commission's website overnight. here's what the site looks like right now. take a look, over the last hour it's been going from being totally shut down to showing this strange video right here along with a long letter of demands written in black and green. >> the video and letter are addressed to zcitizens of the world threatens, quote, chaos if the government does not give them what they want. nick, really bizarre story developing. what is this group anonymous demanding? and really, can they execute this? what's the real threat. >> it's important to note, victor. this group has a lot of credibility online and a lot of clout. it's not just someone behind the computer eating chee-tos. they're threatening to do more. they've hacked into the u.s. cc.gov this morning. they're not going into much detail about what these warheads are or what they do. they're threatening to release more sensitive files and information. >> you mentioned these warheads, nick, they're named for the supreme court justices. do we know if they h
government after hacking the federal sentencing commission's website overnight. here's what the site looks like right now. take a look, over the last hour it's been going from being totally shut down to showing this strange video right here along with a long letter of demands written in black and green. >> the video and letter are addressed to zcitizens of the world threatens, quote, chaos if the government does not give them what they want. nick, really bizarre story developing. what is...
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Jan 26, 2013
01/13
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CNBC
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we've got a government that doesn't really appreciate business. we've got employment concerns in this country that makes it so you can't even fire people the way you might like to. why are you confident that you can be the last man standing when there are other countries on earth where they don't really have any rules about what they do to employees? >> that's a good question. the particular business we're talking about being last man standing and we will be was the touchscreen business, and it turns out we make the majority of our touchscreen controllers in china in one of the lowest-cost manufacturing operations in the world. in cypress's own assembly and test plant, which is about half the cost of a product when we ship is, it s. in manila, and we've been in manila for almost 20 years. and we have fully automated robotic lines in manila. so we enjoy asian manufacturing costs in that market. what's here in silicon valley is what belongs here. the brain trust, the designers. in effect, it's like being an investment banks. you've got to be in wall
we've got a government that doesn't really appreciate business. we've got employment concerns in this country that makes it so you can't even fire people the way you might like to. why are you confident that you can be the last man standing when there are other countries on earth where they don't really have any rules about what they do to employees? >> that's a good question. the particular business we're talking about being last man standing and we will be was the touchscreen business,...
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Jan 26, 2013
01/13
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barbara starr just reported the algerian government has not been cooperating. the cia has been trying to piece this together themselves. this makes it very complicated and much more difficult. but only now, more than a week later, the u.s. government is connecting the dots which at least from when we talked to omar on the day of the attack seemed to be perhaps visible very early on. what is causing the delay? >> i would suspect the algerian government's quite embarrassed by the poor results. they've been criticized roundly by other western countries for not running a very effective operation. had a lot of people killed in the operation. it's not the way it's done. they pushed it up, they accelerated it, they simply don't have the sophisticated special ops capabilities for hostage rescue capabilities that western countries have. but eventually, i'm convinced, they will share information. we're going to find out a lot more about the mali connection, the libyan connection, and a whole network moving throughout north africa as we focus more and more sensors on this
barbara starr just reported the algerian government has not been cooperating. the cia has been trying to piece this together themselves. this makes it very complicated and much more difficult. but only now, more than a week later, the u.s. government is connecting the dots which at least from when we talked to omar on the day of the attack seemed to be perhaps visible very early on. what is causing the delay? >> i would suspect the algerian government's quite embarrassed by the poor...
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Jan 26, 2013
01/13
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government and elsewhere, are not confident in france's ability to fully do that. will the united states be able to avoid more significant involvement or not? >> i think we have to plan as if we won't be able to avoid this kind of significant involvement. basically what that means is just as general clark mentioned, we are going to have to make sure that we have the right kind of sensors? pla in place, logistics in place, do the planning that puts the right kinds of troops in place should we need to go in and do something preferably with a surgical variety. this is going to be a major issue for us because the french will be able to achieve certain tactical successes. but from the broad strategic standpoint, it's going to be more difficult for them to root out this al qaeda element. >> thanks very much to both you have. we appreciate it. >>>. >> still to come, a major labbyist for the nra admitted the nra was wrong. >>> some of the most powerful people in the world flock to a speech by the ceo of yahoo!. and then something truly bizarre happened. >>> a catholic hosp
government and elsewhere, are not confident in france's ability to fully do that. will the united states be able to avoid more significant involvement or not? >> i think we have to plan as if we won't be able to avoid this kind of significant involvement. basically what that means is just as general clark mentioned, we are going to have to make sure that we have the right kind of sensors? pla in place, logistics in place, do the planning that puts the right kinds of troops in place should...
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Jan 26, 2013
01/13
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this is not government consented by the governed. that is the responsibility we have you -- we have to you, our constituents, and the american people. [applause] on the second point -- we have to offer an alternative. we cannot lead the democrats to their own devices. they seem to have a pretty short memory. imposed 20 tax increases. the democrats are already calling for higher taxes again. as our leaders have said, we are not raising taxes. we have no desired to be taxed for a welfare state. we have to focus on the real problem and the real problem is spending. but we cannot just respond to the democrat's proposals. this session, i will advance reforms to strengthen medicare and medicaid. we will propose a budget that will balance and pay down the debt. the democrats are unlikely to accept that proposal. i know that may come as some surprise to you. they refused to consider the real reform that is needed to get the country on the right track. but we will lay the groundwork for future endeavors so when reform is possible we will be r
this is not government consented by the governed. that is the responsibility we have you -- we have to you, our constituents, and the american people. [applause] on the second point -- we have to offer an alternative. we cannot lead the democrats to their own devices. they seem to have a pretty short memory. imposed 20 tax increases. the democrats are already calling for higher taxes again. as our leaders have said, we are not raising taxes. we have no desired to be taxed for a welfare state....
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Jan 26, 2013
01/13
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it's a shift going into governing. there will be another shift between obama and clinton when she starts to run for president. so this is just the appropriate way to handle it. it feels very good as a democrat to see them together. >> what about joe though, morris? what about joe? what if he decides to get into the race in 2016? >> i think they'll find something else to do in 2016. >> all right. well susan, what do you think? and again, he said well duh kind of. this has to do with 2016. you see it that way as well? >> i do. just to build on what felicia said, i also see one other thing you showed in that clip, they were opponents. they ran a very hard, tough campaign and they were able to come together. i think in a way it's the president saying, i can work with people who i've run against and kind of sending a shot to republicans. we have to be able to work together. >> we're going to turn to gaming the system. felicia talking about this idea now. in several states it's come up. these are states for the most part the
it's a shift going into governing. there will be another shift between obama and clinton when she starts to run for president. so this is just the appropriate way to handle it. it feels very good as a democrat to see them together. >> what about joe though, morris? what about joe? what if he decides to get into the race in 2016? >> i think they'll find something else to do in 2016. >> all right. well susan, what do you think? and again, he said well duh kind of. this has to do...
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Jan 26, 2013
01/13
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joe versus hillary for president. >>> eshgs including the government for suing women from combat. a helicopter pilot shot down over afghanistan, what she thinks about the policy change. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take
joe versus hillary for president. >>> eshgs including the government for suing women from combat. a helicopter pilot shot down over afghanistan, what she thinks about the policy change. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get...
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Jan 26, 2013
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we have to show that if given a chance, we can govern. that we have better ideas. >> paul ryan's comments come a few days after fired louisiana governor bobby jindal gave a blunt assessment of his party. >> we have to stop being the stupid party. >> it's time for a new republican party that talks like adults. it's time for us to articulate our plans and visions for america in real terms. it's no secret we had a number of republicans who damaged the plans with offensive and bizarre comments, and i'm here to say we've had enough of that. >> i'll bring in molly ball, national political reporter for "the atlantic" and senior washington correspondent for politico. good saturday to both of you. >> hi, craig. >> bobby jindal says the republicans should stop being stupid and newt gingrich has done it, and paul ryan saying they have to pick and choose their battles wisely. why has this post-election monday morning quarterbacking, why has it lasted so long? >> i think it's because they lost. they lost in all levels, the president, the house, the se
we have to show that if given a chance, we can govern. that we have better ideas. >> paul ryan's comments come a few days after fired louisiana governor bobby jindal gave a blunt assessment of his party. >> we have to stop being the stupid party. >> it's time for a new republican party that talks like adults. it's time for us to articulate our plans and visions for america in real terms. it's no secret we had a number of republicans who damaged the plans with offensive and...
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Jan 26, 2013
01/13
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it's just another government dependency transfer payment. that's what bothers me about this. >> i understand but you're painting with much too broad a stroke. you're right about private insurance but these are social programs. today's generation pays for the retirement benefits of the generation that preceded it. where eberstadt's numbers are completely -- as my grandmother would say, he completely lumps in the national cost problem. it's worse in the private sector than the public. social security costs are manageable. if we don't manage the medicare pressures, we'll -- >> that's a perfect example. we're going to have a health care system where we're going to be sending checks to buy health care insurance for families making almost $100,000 a year. that's what i mean by expanding the welfare state. >> those families may have to pay higher premiums and i think that's a reasonable policy. >> because of obama care. >> i got to cap this. you're both great. i just think that we're worried about damaging the social fiber and work ethic of this co
it's just another government dependency transfer payment. that's what bothers me about this. >> i understand but you're painting with much too broad a stroke. you're right about private insurance but these are social programs. today's generation pays for the retirement benefits of the generation that preceded it. where eberstadt's numbers are completely -- as my grandmother would say, he completely lumps in the national cost problem. it's worse in the private sector than the public....
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Jan 26, 2013
01/13
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CSPAN
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it says term limits help lobbyists at the expense of good government. he writes voters love term limits for politicians bu they shouldn't. the notion public service should be held only for utilitarian purposes for a short period of time and that these limits create better government is misguided and fundamentally flawed. the proof can be seen locally in the current mire that represents our public policy: this is a changed opinion. once an advocate for this type of reform, in quotes, the effective term limits have been so devastating at every level of government that it should be relegated to the trash heap of history. we'll get back to that in a few seconds. we're going to raymond in victoria, texas, in our line for democrats. in favor or opposed to term limits for elected officials? caller: i'll be in favor of term limits definitely. host: why is that? caller: the main reason is i think with most politicians, they get entrenched in their personal beliefs. they may not publicly admit it, but we are all human. and i understand the inner workings of our m
it says term limits help lobbyists at the expense of good government. he writes voters love term limits for politicians bu they shouldn't. the notion public service should be held only for utilitarian purposes for a short period of time and that these limits create better government is misguided and fundamentally flawed. the proof can be seen locally in the current mire that represents our public policy: this is a changed opinion. once an advocate for this type of reform, in quotes, the...
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Jan 26, 2013
01/13
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government. anonymous said they targeted the federal website because it's a section of the department of justice. they feel the department of justice has trumped up charges against high profile activists. we reached out to the fbi earlier today. our washington, d.c. bureau carol krade was able to speak to the executive assistant director of criminal cyberresponse and services branch. this is what they had to tell us. we were aware as soon as it happened. and are handling it as a criminal investigation. we are always concerned when someone illegally accesses another person or government agency's networking. >> but this is concerning because this is not just where they overwhelmed the server with a bunch of requests basically. they went after them. they actually took control of the server. the government takes great precautions and measures to keep this from happening. can you walk us through what they did? >> i don't know and i think that's the question right now they took control of the server. t
government. anonymous said they targeted the federal website because it's a section of the department of justice. they feel the department of justice has trumped up charges against high profile activists. we reached out to the fbi earlier today. our washington, d.c. bureau carol krade was able to speak to the executive assistant director of criminal cyberresponse and services branch. this is what they had to tell us. we were aware as soon as it happened. and are handling it as a criminal...